Redbox to offer Blu-ray rentals later this year

If the convenience of streaming content via Netflix and/or having magical pixies deliver discs to your mailbox (that's how they get there, right?) aren't your thing, then know your insatiable desire to view high-def movies will soon be satiated via Redbox. The aptly-titled crimson structure that spits out discs inside your local supermarket or at your favorite strip mall has begun an initiative to see Blu-ray rentals offered starting sometime around mid-2010, Blu-ray.com reports.

Of course, all of those extra defs won't come cheap: CEO of Coinstar -- Redbox's parent company -- Richard Davis exclaimed that a pricing structure for Blu-ray rentals hasn't been finalized yet, though it will likely be "higher than our standard DVDs." So ... two dollars, then?